Hainan Airlines and CFM Signed Long Term Service Agreement

HNA Aviation Holding Company Limited signed a long-term Rate per Flight Hour (RPFH) agreement with CFM International  to support the its fleet of CFM56-5B engines.

Under the 15-year service agreement, CFM will provide maintenance, repair and overhaul (MRO) service and support for 84 CFM56-5B engines powering 42 Airbus A320s, along with eight spare engines. CFM will guarantee the maintenance cost on a dollar per engine flight hour basis over the life of the agreement.
“CFM has been a good provider, not only for engines but also for world-class service,” said Li Tie, President of HNA Aviation Holding. “From the first engine we purchased in 1993 when we began operations, CFM has consistently provided excellent support for our fleet.  We trust in their products, technology and service, all of which help guarantee that they can provide outstanding service to their customers.”

“HNA is a long-time strategic customer for CFM,” said Jean-Paul Ebanga, president and CEO of CFM.  “We appreciate their continued trust in us to provide comprehensive service and support to their fleet. We look forward to working closely with HNA to ensure their CFM56-5B engines have a long, productive life in service.”

Source: CFM International
Date: Jun 19, 2013